| Schedule of revenue and operating profit (loss) |
The
Company evaluates performance of its operating segments based on revenue and operating profit (loss). Segment information for
the three months ended September 30, 2018 and 2017 are as follows:
| |
|
Foundry
Fabrication
Services |
|
|
RF
Filters |
|
|
Total |
|
| |
|
|
|
|
|
|
|
|
|
| Three months ended
September 30, 2018 |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenue |
|
$ |
148,082 |
|
|
$ |
55,467 |
|
|
$ |
203,549 |
|
| Grant
revenue |
|
|
— |
|
|
|
109,472 |
|
|
|
109,472 |
|
| Total
Revenue |
|
|
148,082 |
|
|
|
164,939 |
|
|
|
313,021 |
|
| Cost
of revenue |
|
|
133,027 |
|
|
|
10,817 |
|
|
|
143,844 |
|
| Gross
margin |
|
|
15,055 |
|
|
|
154,122 |
|
|
|
169,177 |
|
| Research
and development |
|
|
— |
|
|
|
4,406,182 |
|
|
|
4,406,182 |
|
| General
and administrative |
|
|
— |
|
|
|
2,459,540 |
|
|
|
2,459,540 |
|
| Income
(Loss) from Operations |
|
$ |
15,055 |
|
|
$ |
(6,711,600 |
) |
|
$ |
(6,696,545 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Three months ended
September 30, 2017 |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenue |
|
$ |
297,900 |
|
|
$ |
3,040 |
|
|
$ |
300,940 |
|
| Cost
of revenue |
|
|
193,029 |
|
|
|
200 |
|
|
|
193,229 |
|
| Gross
margin |
|
|
104,871 |
|
|
|
2,840 |
|
|
|
107,711 |
|
| Research
and development |
|
|
— |
|
|
|
3,004,365 |
|
|
|
3,004,365 |
|
| General
and administrative |
|
|
— |
|
|
|
1,832,622 |
|
|
|
1,832,622 |
|
| Income
(Loss) from Operations |
|
$ |
104,871 |
|
|
$ |
(4,834,147
|
) |
|
$ |
(4,729,276 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| As of September
30, 2018 |
|
|
|
|
|
|
|
|
|
|
|
|
| Accounts
receivable |
|
$ |
275,442 |
|
|
$ |
43,551 |
|
|
$ |
318,993 |
|
| Property
and equipment, net |
|
|
453,109 |
|
|
|
12,838,587 |
|
|
|
13,291,696 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| As of June 30,
2018 |
|
|
|
|
|
|
|
|
|
|
|
|
| Accounts
receivable |
|
$ |
191,846 |
|
|
$ |
22,813 |
|
|
$ |
214,659 |
|
| Property
and equipment, net |
|
|
465,360 |
|
|
|
12,354,809 |
|
|
|
12,820,169 |
|
|